A relatively low-risk short-term form of borrowing, typically maturing in 60 days or less in the U.S, often used by large creditworthy institutions as a substitute for Treasury bills, certificates of deposit, and similar instruments.
An agreement between a bank and a company that provides the company with the ability to borrow up to a certain limit each day in the money markets, typically on a short-term basis, often overnight or up to one month.
A Note Issuance Facility (NIF) is a financial arrangement that enables short-term borrowers in the eurocurrency markets to issue euronotes with maturities of less than one year on a rolling basis. This facility provides an efficient, flexible way to manage short-term funding needs without the need for separate borrowing arrangements each time funds are required.
A repurchase agreement (repo) is a form of short-term borrowing for dealers in government securities, involving the sale of securities with an agreement to repurchase them at a higher price.
A repurchase agreement, or repo, is a form of short-term borrowing for dealers in government securities. The dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
